The broad definition of e-Commerce(electronic commerce) is the buying and selling of products and services electronically using online technology over the Internet. 

The need for e-Commerce adoption by traditional businesses is becoming more and more important for these businesses to stay competitive. Recent news that shopping malls are becoming less busy because of the increased number of customers shopping online is a clear indicator that every traditional shop should also have an online store. 

A business plan is a document that summarizes the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realized.

It communicates a viable business idea. We communicate with employees, suppliers, investors, financial institutions and other stakeholders. The main reason for this communication is to convince stakeholders that the new venture will be successful and it is worthwhile to invest in the enterprise.

Few young people take up training in the 13 key critical areas of the artisan economy, as most prefer going to university after high school.

While South Africa’s unemployment rate of 27.1% in the fourth quarter of 2018 reflected a figure of 6.14 million jobless people – with youth unemployment above 50% – lack of skilled artisans has been singled out by experts as a major barrier to job creation and economic growth.

DURBAN, April 3 - The business community was supportive of government's efforts to stabilise state owned power producer Eskom and was willing to offer the expertise of its members to help revive the institution, Business Unity South Africa (BUSA) and the presidency said in a joint statement on Wednesday.

This is separate from the US$180 million loan agreement signed on Monday to connect 670MW of renewable energy projects to the national grid.

The New Development Bank (NDB) will provide a project loan of US$480 million (about R6.8 billion) to Eskom for environmental protection project for Medupi Thermal Power Plant, National Treasury said on Tuesday.

Public Enterprises Minister Pravin Gordhan recently said that the Medupi and Kusile coal-fired power plants were “badly designed and badly constructed”.

Investment envoy Jacko Maree says investors are continually stressing the need for political and policy certainty and simpler regulations.

Companies were “sitting on their hands”, awaiting the outcome of the general elections before putting money into the South African economy, says one of the country’s special investment envoys.

Patrick Dlamini was speaking during a panel discussion at the fourth annual meeting of the New Development Bank.

Without alternative power generation capacity, unemployment will remain rampant in South Africa, said Development Bank of Southern Africa (DBSA) chief executive Patrick Dlamini on Tuesday.

“The policymakers, they have a decision to make to make sure that you can be able to enable and sustain the economy by coming up with measures that will ensure that there are other generators of power,” Dlamini said.

On top of the growing debt, coal quality and delivery remains a problem.

Moody’s credit opinion issued yesterday on the heels of its recent decision to keep South Africa’s credit rating one level above junk, said elevated government debt and contingent liabilities risks from state-owned enterprises (SOEs), limited government’s ability to absorb shocks.

The platform will be launched alongside the SA SME CEO Fund Circle which aims to finance and scale up black emerging businesses.

An online trading platform aimed at linking registered small, medium, and micro enterprises’ (SMMEs) to supply chain opportunities from large South African corporations that have integrated global footprints will go live today, 28 March 2019, following its official launch by President Cyril Ramaphosa.